‘This was a scam from the get-go’: MoviePass investors applaud the New York Attorney General’s investigation, but have little hope for their money (HMNY)
|10/18/2018||Posted by BusinessMediaguide.Com under General World News||
- MoviePass parent company Helios and Matheson is being investigated by the New York Attorney General, who is probing whether the firm misled investors.
- Helios and Matheson denied any wrongdoing to Business Insider.
- A half dozen Helios and Matheson investors expressed positive sentiments about the investigation to Business Insider, with several saying they felt misled about the company’s financial situation.
On Wednesday, news broke that the New York Attorney General had launched an investigation into whether Helios and Matheson Analytics, the owner of movie-ticket subscription service MoviePass, had misled investors.
Many investors weren’t surprised, they told Business Insider. In fact, some wondered why read more >>>